American Cable Selects VoX Communications for Voice over IP Services.WHITE PLAINS, N.Y. & CELEBRATION, Fla. -- Independent Cable Operator Will Sell Private-Labeled VoX VoIP to its Broadband Customers eLEC Communications Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ELEC), an integrated communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. , today announced that American Cable Services, an independent cable operator located in Ocala, Fla., http://www.americable.us, has signed a contract with eLEC's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. VoX Communications, to obtain Voice over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (VoIP) services for its broadband customers on a private-label basis. VoX Communications is a premier packet communications services company providing residential and business VoIP telephone service nationwide. VoX's President Mark Richards Mark Richards can refer to:
American Cable's President James George added, "We have been evaluating the VoIP industry for the past year, and now we've selected the best of the breed - VoX Communications. We fully endorse the products offered by VoX and the technology and people behind them. It is very exciting how quickly VoX can bring us into the world of telephony, which is a service our customers want from us. Offering VoIP will help us retain our valuable customers, and generate more revenue at the same time." eLEC's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Paul Riss commented, "We are receiving inquiries from many prospective VoIP wholesale customers and we are carefully weighing which customers would provide the most immediate and long-term benefit, both in terms of dollars and market direction. With two of our board members, Gayle Greer and Michael Khalilian, having occupied high-level positions in the cable industry, we feel that we already possess critical expertise that differentiates us within this industry. We also believe that vertical expertise with respect to certain industries, like cable, will naturally lead to advantages in market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , market defensibility de·fen·si·ble adj. Capable of being defended, protected, or justified: defensible arguments. de·fen , and product development that would further permit us to differentiate services in specific market segments." About VoX Communications Based in Celebration, Fla., VoX Communications is a wholly owned subsidiary of eLEC Communications Corp. Using its advanced, nationwide VoIP network, VoX offers wholesale broadband voice, origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real and termination services for cable, wireless and wireline operators, and enhanced VoIP telephone service to the small business and residential marketplace. VoX's VoIP service is a feature-rich, low-cost and high-quality alternative to traditional landline Land based. Refers to standard telephone and data communications systems that use in-ground and telephone pole cables in contrast to wireless cellular and satellite services. phone service. For more information, visit http://www.voxcorp.net About eLEC Communications eLEC Communications Corp., headquartered in White Plains, NY, is a publicly traded communications services company that is taking advantage of the convergence of the technological and regulatory developments in the Internet and telecommunications markets. eLEC provides an integrated suite of communications services to business and residential customers, including local, long distance, dedicated access, and VoIP. For more information, visit http://www.elec.net. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. eLEC's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in eLEC's Annual Report on Form 10-KSB for the year ended November 30, 2004 and Quarterly Report on Forms 10-QSB for the period ending February 28, 2005, May 31, 2005 and any subsequent SEC filings. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion